About Pennsylvania Real Estate Investment Trust (NYSE:PEI)

Pennsylvania Real Estate Investment Trust (PREIT) is a self-managed and self-administered real estate investment trust (REIT). The Company's primary business is owning and operating retail shopping malls, which it does primarily through operating partnership, PREIT Associates, L.P. (PREIT Associates). The Company is engaged in the ownership, management, leasing, acquisition, redevelopment, development and disposition of shopping malls. The Company has a primary investment focus on retail shopping malls located in the eastern half of the United States, primarily in the Mid-Atlantic region. As of December 31, 2016, the Company owned interests in 30 retail properties, of which 26 are operating properties and four are development or redevelopment properties. As of December 31, 2016, the Company's 26 operating properties included 22 shopping malls and four other retail properties, had a total of 21.7 million square feet and were located in nine states.

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Miscellaneous

What is Pennsylvania Real Estate Investment Trust's stock symbol?

Pennsylvania Real Estate Investment Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PEI."

How often does Pennsylvania Real Estate Investment Trust pay dividends? What is the dividend yield for Pennsylvania Real Estate Investment Trust?

Pennsylvania Real Estate Investment Trust announced a quarterly dividend on Tuesday, February 13th. Investors of record on Thursday, March 1st will be given a dividend of $0.21 per share on Thursday, March 15th. This represents a $0.84 dividend on an annualized basis and a yield of 7.99%. The ex-dividend date of this dividend is Wednesday, February 28th. View Pennsylvania Real Estate Investment Trust's Dividend History.

How were Pennsylvania Real Estate Investment Trust's earnings last quarter?

Pennsylvania Real Estate Investment Trust (NYSE:PEI) posted its quarterly earnings results on Wednesday, November, 1st. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.01. The real estate investment trust had revenue of $89.20 million for the quarter, compared to analyst estimates of $98.85 million. Pennsylvania Real Estate Investment Trust had a negative return on equity of 3.60% and a negative net margin of 7.99%. The business's revenue was down 9.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.48 EPS. View Pennsylvania Real Estate Investment Trust's Earnings History.

When will Pennsylvania Real Estate Investment Trust make its next earnings announcement?

What guidance has Pennsylvania Real Estate Investment Trust issued on next quarter's earnings?

Pennsylvania Real Estate Investment Trust issued an update on its FY18 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of $1.50-1.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.69.

Pennsylvania Real Estate Investment Trust's stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Guggenheim Capital LLC, Bank of New York Mellon Corp, Schwab Charles Investment Management Inc., AMP Capital Investors Ltd, Two Sigma Advisers LP, First Trust Advisors LP and Arizona State Retirement System. Company insiders that have bought Pennsylvania Real Estate Investment Trust stock in the last two years include George J Alburger Jr, John Joseph Roberts, Joseph F Coradino and Robert F Mccadden. View Insider Buying and Selling for Pennsylvania Real Estate Investment Trust.

How do I buy Pennsylvania Real Estate Investment Trust stock?

Shares of Pennsylvania Real Estate Investment Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Pennsylvania Real Estate Investment Trust stock can currently be purchased for approximately $10.51.

How big of a company is Pennsylvania Real Estate Investment Trust?

Pennsylvania Real Estate Investment Trust has a market capitalization of $734.74 million and generates $367.49 million in revenue each year. The real estate investment trust earns $-11,340,000.00 in net income (profit) each year or ($1.25) on an earnings per share basis. Pennsylvania Real Estate Investment Trust employs 347 workers across the globe.

MarketBeat's community ratings are surveys of what our community members think about Pennsylvania Real Estate Investment Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

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